DOGE And SHIB Are Done — Another Meme Coin Could Soon See 300% Upside

Core Insights - Dogecoin (DOGE) and Shiba Inu (SHIB) are losing momentum, while a lesser-known meme coin, Ark of Panda (AOP), is gaining attention with a potential for a 300% price increase [1][6]. Market Activity - AOP is currently trading near $0.08, facing resistance between $0.0825 and $0.0830, with a liquidity base established around $0.078 to $0.077 [3][4]. - The token's 24-hour trading volume on Binance Alpha surged to over $5.8 billion, representing approximately 70% of the total exchange turnover, driven by Binance's short-term incentive program [6][8]. Technical Analysis - The Relative Strength Index (RSI) is stabilizing around 45, indicating potential volatility ahead as major Exponential Moving Averages (EMAs) cluster near $0.081 to $0.082 [5]. - A confirmed breakout above $0.083 could lead to price targets of $0.10, $0.15, and $0.20, representing a potential 300% increase [5]. Ownership and Volatility - Only 300 million AOP tokens are in circulation out of a total supply of 2 billion, leading to concentrated ownership that may increase price volatility [9][10]. - The thin market structure suggests that even minor selling could result in significant price corrections, especially if trading activity declines after the incentive program ends [11].